Increase in Fixed Deposit Rate by POSB

[tanjm]

I don't know quite how the topic turned to radiation levels in Japan, but there's a lot of hysteria about "radiation".

http://www.bloomberg.com/news/2011-04-01...risis.html

[Traumfanger]

uob atm don't have that queue problem, ocbc also I often wonder that myself I can only guess it boils down to singaporeans being copycats like to copy what everybody doing, they see a queue they think it must be good or they can't make up their minds so they just join in

Wisdom of the crowd? More of herd mentality! haha!

Actually everybody says this is bad, this is bad, all the experts are very clever to say is not good in the long run blah blah blah but you know what? this is what everybody wants anybody who is vested in the market that is. Everybody knows that down the road things will become very expensive due to crazy inflation and interest rates will have to hike up like crazy to tame it and governments that are now bankrupt and up to their eyeballs in debt will start taxing their citizens heavily, come on how else do you think they can pay 6.5% interest on their loans, where do you think the money coming from ...

but nobody cares there's a bull run now and that's all their focus is on.

Lol, as much as people like Obama preaching to not make the next generation take the burden of current generation, WHO CARES

Money printing must always continue if the GDP is growing. If the GDP grows and there is no money printing to account for the new services and products, then there will be deflation.

Singapore's debt is more than 100% of the GDP. Like US. So, are we in deep Sh**?
http://www.guardian.co.uk/business/2011/...untry-next

Interesting article! I know we are having budget surpluses, but didn't know our debt is so sky high!

Singapore's debt is more than 100% of the GDP. Like US. So, are we in deep Sh**?
http://www.guardian.co.uk/business/2011/...untry-next

no we are not in trouble. Our debt is mainly due to the issuance of govt securities to set benchmark rates, not to fund social welfare programmes. The govt runs a pretty tight fiscal ship and usu runs budget surpluses.


Precisely, looking at debt alone does not give a full picture of the country's financial status.
It's the same as looking at properties' developer balance sheet. Many developers are heavily in debt but they have assets' valuations that are greater than debt and their cash flows are able to pay the interest.

Besides that, we also have to account for hidden valuations. For US, the hidden valuation is high.

Sorry, what's hidden valuations? The faith and optimism the world has on the USA?

Yes Japanese carry a lot of cash every day but there is very low crime related to robbery, but I don't is a good idea in Singapore to carry a lot of cash, at most I only have up to $100 in my wallet at any 1 time. We are quite lucky to have many atm around but it also shows that we are not very organized.

Apart from ATM's Japan don't have a lot of dustbins along the road either but you won't find anybody puffing while walking or littering or spitting the place is really spotlessly clean.

In contrast if you look at orchard road strip you will find 1 dustbin every 5-8 meters and yet we still manage to dirty the place.

In tokyo subway I've even seen people eating and drinking beer on trains but nobody litters everybody keeps their trash in their pocket or bag, nobody talks loudly, if the phone rings people will get up from the seat move the the rear of the train before answering the phone and even then they keep it short. Everybody is considerate and very organized. That's class

sorry moving off topic

You started the OT LOL!! Yeah, its a weird thing right? We have so much accident when we have so much lights on the expressway. We have so much cleaners to clean after us but places still dirty. It's all down to the culture lah~

Yup.

If you can afford to eat in Singapore the $12 to $15 Japanese noodles, you can afford the same in Tokyo.

Japan, Western Europe, US - all sama sama prices.

Singapore is not "cheap". If cheap, why so many FTs want to work here? SGD power!

Now that SGD is strong, better travel while we can (within our means ofcus).

Nothing beats first hand experience as foundation of an opinion

True, don't do something means you don't fully know the thing. Until you experienced it (through planning etc then ultimately experiencing it, its the full process of understanding something)

[Image: emspectrum.gif]

Nuclear radiation and cellphone microwaves are in different parts of the electromagnetic spectrum. The former is in the ionising portion while the latter is in the non-ionising portion. The effects on the body are different.

Ionising radiation is particularly hazardous to living organisms because its effects are painless, cumulative and latent : you can't sense that radiation damage is happening and symptoms may take up to several weeks to develop.

At frequencies above the upper end of the visible light spectrum, starting with ultra violet (UV) radiation, the photon energy becomes sufficient to cause ionisation damage to human body tissue. Overexposure can cause burns due to the heating effect of the radiation but prolonged exposure can result in chemical changes to the skin tissue. Ionisation can cause DNA mutation leading to tissue damage and the possible formation of cancerous tumours. At progressively higher frequencies, such as X-rays and above, the greater photon energy of the radiation not only causes increased damage but it penetrates deeper into the body with even more serious consequences.

Higher energy (gamma) radiation is still more dangerous. Its properies together with those of other ionising radiation are outlined in the section on Nuclear Radiation.

The physiological effect on the body of non-ionising radiation, (frequencies below the visible light spectrum) is the heating of the exposed tissue, often referred to as its "thermal" effect. For short exposures this is not dangerous but damage can be caused by prolonged exposure to high levels of radiation.

http://www.mpoweruk.com/radio.htm

Wth..... Thanks for the information tho!

I don't know quite how the topic turned to radiation levels in Japan, but there's a lot of hysteria about "radiation".

http://www.bloomberg.com/news/2011-04-01...risis.html

LOL I also wonder! after a few days in camp, coming back to visit this thread, we went a couple of places and had the longest stay in Japan!!